Category: Ripple

XRP Price Analysis for March, 27th – XRP Has a Chance to Grow

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 27th, the XRP suggests further restoration. However, right now the market has put buying on a halt. The XRP is generally trading at 0.1735 USD. On H4, XRP/USD demonstrates quite a weak trend of correctional growth. The quotations have risen to 23.6% Fibo and now, trying to overcome the upper border of the preceding rectangular channel, are heading for 38.2% …
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XRP Price Analysis for January, 21th – XRP Stabilized

After two days of declining, the XRP stabilized, and on Tuesday it is trading at $0.2364. On D1, the XRP/USD quotations remain inside the long-term bearish channel. However, after a convergence on the MACD, the resistance line of the mid-term channel was broken out. This situation means the development of a mid-term correctional phase which may turn into a full-scale reversal of the current trend. At the moment, the correction …
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Ripple’s XRP Price Analysis for January, 10th – XRP Remains Under Bearish Control

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, January 10th, the XRP is still selling, generally trading at $0.2014. On D1, the XRP demonstrates the bearish predominance inside the previous channel. The declining direction of the MACD supports further decline. A breakout of the low of $0.1741 can open the way to the psychological level of $0.1000. Also, in this area, we can see the impulse of the correctional …
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Crypto Market Transcends All-Time High While Bitcoin’s Dominance Wanes

It’s alt season, y’all. Since the Christmas Crash took place back on December 22, Bitcoin has struggled to regain its former prominence. Crypto’s flagship coin has sputtered in price and lost a significant chunk of its market share, all while the rest of the market has continued a healthy growth pattern after the pre-Christmas dip. Ringing in the New Year on a High Note It’s not very often that you see Bitcoin stagnate …
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